Medix Specialty Vehicles Secures Undisclosed Funding from LFM Capital
Summary
Medix Specialty Vehicles, an Elkhart, Indiana-based maker of ambulances, secured an undisclosed amount of funding.Medix’s management team is excited about the opportunity this partnership brings to our company and to continuing our tradition of providing ambulances rooted in service, quality, and innovation while maintaining our value proposition to the industry.This partnership has already proven its strength including securing large, multi-unit transactions and continued investments in facilities and equipment to support Medix’s growth.I am especially proud that this new partnership also allowed for Medix’s executive management team members to invest in the company – setting Medix on a solid foundation for years to come.” LFM Managing Director Dan Shockley commented, “Medix is a well-positioned company in an area of healthy, long-term demand, and we look forward to partnering with the Medix team to chart and execute the next stage of their growth.” The Medix management team looks forward to working with LFM and continuing to do the right thing and taking care of our customers and employees.The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle-market investing.